VIPR Industries Inc (fka VIPR)

[losmashrt]

mtd, I may have misread the article which I read but I understood it to mean no new licenses for gemstone mining. Ore licenses would be issued with a 4% royalty instead of the 3% royalty on existing licenses. Also the government having an interest in part of the new ones. The existing licenses remain the same. Still quite a leg up for existing license holders. Will make them much more attractive to interested parties in my opinion. Los